Please find Orb Collective’s June budget forecast below.
Going into our final 2 months, with costs reduced significantly, we have identified enough excess cash to cover all of our forecasted June expenses ($111,459) as well as some of July’s (early estimate: $8,698).
Therefore we will not be requesting funds from OpCo for June and we anticipate that we’ll be able to reduce our July request as well.
This was largely made possible by:
- Cost cuts and savings
- Departures of 3.5 marketing FTEs, 1 operations FTE, and 1 engineering FTE
- Delayed liability payments and accrued expenses